Modern practice in the grant of petroleum exploration and production rights.

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Abstract:  I have written this book because it seems to me that there is a need for a comprehensive explanation of the licensing process in which acreage for petroleum exploration and production is awarded.  By licensing of course I mean... " the definition and award of a suitable area of petroleum prospective acreage, that is, the Licence Area (Contract Area, Lease, Permit, Block etc.,) by the Licensor to carefully select Licensee(s) under suitable technical, legal/contractual and fiscal terms and conditions and consistent with its geopolitical situation".  We can see the given definition the practice of petroleum licensing embraces a wide variety of disciplines and skills in its implementation.  

B & R Co. Petroleum Contultants, January, 2004.

CEPMLP Reference Resource Collection

Location Ref: REF/38

 

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